In the last four to five years, mainstream news and especially trade journals that a hotel asset manager often follows, talk about bed bug incidents on a regular basis. Just published yesterday, there was an article in Hotel Interactive how these little pests will bug your business. Bed MattressesThe American Hotel and Lodging Association and…
Hotel investment advisors have their work cut out trying to follow the latest news, trends and studies on the lodging sector. Trying to advise investors to buy, hold or sell as a result of that information is challenging on any given day. Are we headed back to a recession after December 2011? Or, is it…
Several articles appeared recently in STR (Smith Travel Research) publications that we follow as part of our hospitality consulting services advising clients that suggest the hotel industry is showing more signs of improvement this fall and in the coming year. Some of the noteworthy commentary includes: Earnings Reports- In year-over-year measurements, the USA hotel industry’s…
Two news stories that we followed as part of our hospitality asset manager practice suggest hotel room rates will continue to rise even though gas and fuel prices are climbing as well. Here are a few excerpts on that commentary and our take on it: – The GBTA index says that business travel hit its…
Closing and getting your deal done by a hotel investment advisor for their clients may be getting easier with these two new financing programs. One is specific to immigrants and will appeal to Asian investors. The other is for current owners of a Choice hotel brand. Here are excerpts and links to the full articles:…
Part of our services as a hotel asset manager requires us to consult different resources to effectively manage and oversee a client’s lodging property. We also like to share this information with investors and lenders, who are buying, selling or dealing with distressed hotel real estate, so they are better informed and make good decisions…
In conjunction with Amazon.com, we have added a bookstore page to our web site as an added resource to hotel advisors, restaurant and nightclub owners and investors. Several choices include publications we have consulted over the years as well as those that may be helpful if you are starting up, investing in or providing advice…
Earlier this year I attended a hotel valuation workshop to better understand in part what affect today’s investment and lending market will have on hotel real estate values and subsequent sales by a court appointed receiver in hotel receiverships. Put on by The Appraisal Institute of Northern California, the issues focused on how the valuation…
When preparing a business plan for hotel investing or investors, it is important to consult industry sources that are both reliable and provide a broad variety of statistics, resources and related commentary. We here frequently read these publications, which will help if preparing strategic management objectives, investor ROI forecasts and other projections and forecasts. Here…
Depending on what story your hotel investment advisor follows or even writes, there may be a recovery or not. Better said, what is a problem for some are opportunities to others based on recent news reported this last week. Here are some of those summaries that seem to reflect these trends: – According to Bobby…